Market Roundup

The Hong Kong stock market closed up today. The Hang Seng Index closed at 24,902 points, up 169 points or 0.68%. The Hang Seng Tech Index closed at 5,521 points, up 39 points or 0.73%. The China Enterprises Index closed at 8,951 points, up 57 points or 0.6%. The total market turnover was approximately HKD 229.4 billion. In individual stocks, Tencent Holdings (700) rose 1.3%, supported by improved earnings and prospects in its gaming business. The company XD Inc (2400) surged nearly 25% after announcing positive profit guidance. BYD Electronics (285) gained 7.7%, driven by market rumors of Apple launching the iPhone 17 in September.

Source: KGI Investment Products and Solutions Department

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